Company No: 04670276 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	H J Fisher
	A N P Kipenakis
	G M Kipenakis
	J M Webb

Secretary

Kinleigh Limited

Registered office	KFH House
	5 Compton Road
	London
	SW17 7QA
	United Kingdom

Company number

04670276 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	274,279		274,279
		274,279		274,279
Current assets
Debtors	4	13,155		19,844
Cash at bank and in hand		112,317		180,047
		125,472		199,891
Creditors: amounts falling due within one year	5	( 62,411)		( 55,360)
Net current assets		63,061		144,531
Total assets less current liabilities		337,340		418,810
Net assets		337,340		418,810
Reserves
Other reserves	8	296,440		357,386
Profit and loss account		40,900		61,424
Total reserves		337,340		418,810

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Rothesay Court Limited (registered number: 04670276) were approved and authorised for issue by the Board of Directors on 21 September 2025. They were signed on its behalf by:

J M Webb Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rothesay Court Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is KFH House, 5 Compton Road, London, SW17 7QA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2. Employees

	2024		2023
	Number		Number
Caretaker	1		1

The average monthly number of employees, excluding the Directors, who did not received any remuneration, during the year.

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 January 2024	274,279		274,279
At 31 December 2024	274,279		274,279
Accumulated depreciation
At 01 January 2024	0		0
At 31 December 2024	0		0
Net book value
At 31 December 2024	274,279		274,279
At 31 December 2023	274,279		274,279

4. Debtors

	2024		2023
	£		£
Trade debtors	665		6,716
Prepayments	12,490		13,128
	13,155		19,844

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Trade creditors	11,619		18,837
Accruals and deferred income	36,697		22,470
Taxation and social security	1,195		1,153
Other creditors	12,900		12,900
	62,411		55,360

6. Liability of members

The members of the Rothesay Court Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.

7. Related party transactions

Included in these accounts is an amount of £2,125 (2023: £13,390) demanded for the year in respect of lessees who were directors at any point during the year. At 31 December 2024, there was £Nil (2023: £Nil) overpaid or owing in respect of directors.

8. Reserves

Other reserves represent the contributions made by the members in order for the company to acquire the freehold and also includes a maintenance reserve that represents monies received as contributions received in advance of major repair work.